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Stuttgart apartment house with 5 apartments and garage
Obere Strasse 5, 70173 Stuttgart (Ost) – Baden-WürttembergThis property is an outstanding property in a highly desirable residential location. The five-story apartment building with a total of 14 spacious and renovated rooms and five bathrooms on five apartment levels offers spacious living space and a high level of comfort. The property has 5 floor heating systems, which provides efficient heating of the house.
Currently, the house is fully rented and generates an annual cold rent of € 78,000. This is an attractive return potential for investors who want to invest in a safe real estate investment. With a garage for one car and three large basement rooms, the property offers additional storage space and comfort.
The home is in good condition and offers great potential for appreciation in the future. The location of the property is highly desirable and offers good access to public transport and facilities for daily needs.
The purchase price for this property with land is €1,695,000, which is a very good offer given the size, location and high yield. Overall, this is an excellent investment opportunity for investors looking for a safe and profitable real estate investment.
Are you interested in this house?
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Object Number
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OM-259404
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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1.595.000 €
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Purchase additional costs
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approx. 98,265 €
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Total costs
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approx. 1,693,264 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 6,072€
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Details
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Condition
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Modernized
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Number of floors
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5
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Number of garages
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1
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Flooring
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Laminate, Tiles
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Heating
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Floor heating
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Year of construction
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1900
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Equipment
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Basement, Shower bath, Fitted kitchen, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
This property is a particularly good offer not only because of its central and attractive location in Stuttgart, but also because of its facilities. The apartment building is located in a quiet residential area between the Rosenteinpark near Wilhelma and Villa Berg / Mineralbäder. The public transport connection is excellent by bus line N6 (streetcar stop Mineralbäder). In the surrounding area there are numerous restaurants, bakeries, cafes, grocery stores and doctors within walking distance. The Milaneo shopping center can also be reached quickly via Rosensteinpark.
For recreational athletes and bike users, the surrounding parks of the lower castle park offer an optimal environment and also for bathing enthusiasts and sauna goers, the LEUZE mineral baths are right outside the front door in just 100m away.
Location
This property is a real treasure and offers a great investment opportunity. The five-story apartment building consists of 4 spacious apartments, each of which has three large rooms, a kitchen, a shower and a separate toilet. The apartment size is approximately 65 sqm per apartment, which provides generous living space.
In the attic there is a beautiful, fully developed 2.5 room apartment with new, large skylight windows, a large bathroom with corner bathtub, a modern kitchen and a separate toilet. This apartment offers additional living space and comfort.
In total, the house offers 14 spacious rooms on a total living area of 287 sqm, as well as a basement and a single garage in the backyard. The house is in a modern condition and offers great potential for appreciation in the future.
The location of the property is highly desirable and offers good access to public transportation and daily amenities. The house is currently fully rented and generates an attractive rental income of 6,500 ,- € cold rent per month.
Location Check
Energy
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Energy certificate type
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Demand certificate
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Main energy source
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Gas
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Final energy demand
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250.00 kWh/(m²a)
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Miscellaneous
The advantage of this object is the high net cold rent of 78.000,- € per year, which underlines the advantages of this object. In addition, you do not have to worry about expensive renovations, because the house (roof, sanitary kitchen and WCs / bathrooms, rooms) have already been extensively renovated for you. Take the chance now to acquire this dream property and enjoy the highest quality of living in one of the best locations in Stuttgart !
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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Offer from: Klaus Ziegeler
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